Aroon Indicator
Posted by Mohammad Rahhal, Last modified by Yousef Ibrahim on 04 July 2012 01:42 PM

Overview:
The Aroon indicator is often used to determine whether a stock is trending or not and how stable the trend is.

Interpretation:
Trends are determined by extreme values (above 80) of both lines (Aroon up and Aroon down), whereas unstable prices are determined when both lines are low (less than 20).
 

Parameters:
str Symbol
int Periods


See Also


Help Desk Software by Hybrid Solutions